New Contracts Build Momentum
ESPRO INFORMATION TECHNOLOGIES LTD
("Espro" or "the Group")
NEW CONTRACTS BUILD ON MOMENTUM
18th February 2008 - Espro Information Technologies Ltd (PLUS: ESP), the global provider of audio and
multimedia interpretation systems and creative content, is pleased to announce several new contract
wins in recent weeks, in the UK, Taiwan and China, adding to the momentum from 2007. The total
revenues to be derived from these contracts is expected to be approximately US$1 million over the
terms of the contracts.
The new wins include:
* Cardiff Castle, Wales: contract secured in a competitive bid to supply audio and multimedia
tours with Opus handsets under a long term agreement.
* Victoria & Albert Museum, London: an audio tour in English and Mandarin to support of the
"China Design Now" exhibition from the 15th March - 13th July 2008.
* London School of Economics: downloadable tours of the South Bank area of London and London's
West End to aid new students and tourists renting rooms in the halls of residences. The tours will be
available to download free from iTunes and Espro's website.
* Forbidden City in Beijing, China: Extension of long-term contract.
* National Taiwan Museum in Taipei: Development of content for the museum.
* National Center for Traditional Arts, Taiwan: Extension of long-term contract.
Israel Gal, CEO of Espro Information Technologies added, "I am delighted to be able to announce such a
diverse selection of new contract wins, demonstrating the Group's global footprint and broad product
range. Of particular note are the two content agreements with the London School of Economics and the
National Taiwan Museum in Taipei. We believe there will be a growing demand for the development of
downloadable multimedia content and that Espro is well positioned to capitalise on this trend."
The Directors of Espro Information Technologies Ltd. accept responsibility for this announcement.
ENQUIRIES:
Espro Information Technologies Ltd, Tel: + 972 9 7634400
Israel Gal, CEO
Nadav Karni, CFO
St Helens Capital plc, Tel: + 44 (0) 20 7628 5582
Barry Hocken
ICIS Limited, Tel: + 44 (0) 20 7651 8688
Caroline Evans-Jones
About Espro Information Technologies Ltd
Espro is a global developer, manufacturer and marketer of multi-lingual audio and multimedia content
and hand held interpretive systems that are used in museums, cultural and visitor centres, walking
tours and trade shows worldwide. The client base of the Group includes over 450 active sites, and
comprises some of the world's best known museums and heritage sites, including the US State Capitol in
Washington, the Museum of Modern Art in New York, the Orsay Museum and the Rodin Museum in Paris, the
Imperial War Museum in London, the Guggenheim Bilbao in Spain, the State Hermitage Museum in St.
Petersburg, the Museum of Fine Arts in Vienna, the Israel Museum in Jerusalem, the Royal Museums of
Fine Arts of Belgium in Brussels, the National Gallery of Art in Washington, the International
Antarctic Center in New Zealand, the Staatlichen Kunstsammlungen Dresden (Dresden State Art
Collections) and the Forbidden City in Beijing. The Group employs approximately 90 full-time staff in
8 subsidiaries worldwide. For further information, please visit the Group website at www.espro.com.
ESPRO Information Technologies Ltd
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